THE ASSESSMENT OF CORPORATE BONDS ON THE BASIS OF THE WEIGHTED AVERAGE
The article considers the problem associated with the assessment of the interest rate of a public corporate bond issue. The theme of research is the study of techniques for evaluationof interest rates of corporate bond. The article discusses the task of developing a methodology for assessing the mar...
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| Format: | Article |
| Language: | Russian |
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Plekhanov Russian University of Economics
2016-08-01
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| Series: | Статистика и экономика |
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| Online Access: | https://statecon.rea.ru/jour/article/view/395 |
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| author | Victor V. Prokhorov |
| author_facet | Victor V. Prokhorov |
| author_sort | Victor V. Prokhorov |
| collection | DOAJ |
| description | The article considers the problem associated with the assessment of the interest rate of a public corporate bond issue. The theme of research is the study of techniques for evaluationof interest rates of corporate bond. The article discusses the task of developing a methodology for assessing the marketinterest rate of corporate bonded loan, which allows to takeinto account the systematic and specific risks. The technique of evaluation of market interest rates of corporate bonds onthe basis of weighted averages is proposed. This procedure uses in the calculation of cumulative barrier interest rate, sectoral weighted average interest rate and the interest ratedetermined on the basis of the model CAPM (Capital Asset Pricing Model). The results, which enable to speak about the possibility of applying the proposed methodology for assessing the market interest rate of a public corporate bond issuein the Russian conditions. The results may be applicable for Russian industrial enterprises, organizing issue public bonds,as well as investment companies exposed organizers of corporate securities loans and other organizations specializingin investments in the Russian public corporate bond loans. |
| format | Article |
| id | doaj-art-0dc2c7ae00404a61baba561d8a9b3493 |
| institution | Kabale University |
| issn | 2500-3925 |
| language | Russian |
| publishDate | 2016-08-01 |
| publisher | Plekhanov Russian University of Economics |
| record_format | Article |
| series | Статистика и экономика |
| spelling | doaj-art-0dc2c7ae00404a61baba561d8a9b34932025-08-20T03:34:40ZrusPlekhanov Russian University of EconomicsСтатистика и экономика2500-39252016-08-010210911110.21686/2500-3925-2014-2-109-111394THE ASSESSMENT OF CORPORATE BONDS ON THE BASIS OF THE WEIGHTED AVERAGEVictor V. Prokhorov0Moscow state University of Economics, Statistics and Informatics (MESI), KrasnoyarskbranchThe article considers the problem associated with the assessment of the interest rate of a public corporate bond issue. The theme of research is the study of techniques for evaluationof interest rates of corporate bond. The article discusses the task of developing a methodology for assessing the marketinterest rate of corporate bonded loan, which allows to takeinto account the systematic and specific risks. The technique of evaluation of market interest rates of corporate bonds onthe basis of weighted averages is proposed. This procedure uses in the calculation of cumulative barrier interest rate, sectoral weighted average interest rate and the interest ratedetermined on the basis of the model CAPM (Capital Asset Pricing Model). The results, which enable to speak about the possibility of applying the proposed methodology for assessing the market interest rate of a public corporate bond issuein the Russian conditions. The results may be applicable for Russian industrial enterprises, organizing issue public bonds,as well as investment companies exposed organizers of corporate securities loans and other organizations specializingin investments in the Russian public corporate bond loans.https://statecon.rea.ru/jour/article/view/395методики оценкикумулятивная барьернаяпроцентнаяставкаотраслеваясредневзвешенная процентная ставкамодель сармкорпоративный облигационный заемметодики оценкикумулятивная барьернаяпроцентнаяставкаотраслеваясредневзвешенная процентная ставкамодель сармкорпоративный облигационный заемvaluation techniquescumulative barrier interestrateindustry’s weighted average interest ratemodel capmcorporate bond issue |
| spellingShingle | Victor V. Prokhorov THE ASSESSMENT OF CORPORATE BONDS ON THE BASIS OF THE WEIGHTED AVERAGE Статистика и экономика методики оценки кумулятивная барьернаяпроцентнаяставка отраслеваясредневзвешенная процентная ставка модель сарм корпоративный облигационный заем методики оценки кумулятивная барьернаяпроцентнаяставка отраслеваясредневзвешенная процентная ставка модель сарм корпоративный облигационный заем valuation techniques cumulative barrier interestrate industry’s weighted average interest rate model capm corporate bond issue |
| title | THE ASSESSMENT OF CORPORATE BONDS ON THE BASIS OF THE WEIGHTED AVERAGE |
| title_full | THE ASSESSMENT OF CORPORATE BONDS ON THE BASIS OF THE WEIGHTED AVERAGE |
| title_fullStr | THE ASSESSMENT OF CORPORATE BONDS ON THE BASIS OF THE WEIGHTED AVERAGE |
| title_full_unstemmed | THE ASSESSMENT OF CORPORATE BONDS ON THE BASIS OF THE WEIGHTED AVERAGE |
| title_short | THE ASSESSMENT OF CORPORATE BONDS ON THE BASIS OF THE WEIGHTED AVERAGE |
| title_sort | assessment of corporate bonds on the basis of the weighted average |
| topic | методики оценки кумулятивная барьернаяпроцентнаяставка отраслеваясредневзвешенная процентная ставка модель сарм корпоративный облигационный заем методики оценки кумулятивная барьернаяпроцентнаяставка отраслеваясредневзвешенная процентная ставка модель сарм корпоративный облигационный заем valuation techniques cumulative barrier interestrate industry’s weighted average interest rate model capm corporate bond issue |
| url | https://statecon.rea.ru/jour/article/view/395 |
| work_keys_str_mv | AT victorvprokhorov theassessmentofcorporatebondsonthebasisoftheweightedaverage AT victorvprokhorov assessmentofcorporatebondsonthebasisoftheweightedaverage |